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Discussion Starter #1
This pump was just installed here in Iowa. We have a couple in the state now. Both the van and the truck are on their first tanks of E40, so I'll post some results when I have them. Based on experience with Mixes, there will be no reason why I would use E85, as E40 will give me very similar mileage to E10.
 

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PT Driver
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What are the prices like ???
I think the says the price on the gas pump pictured in the digital part. not that much different from what we're paying for Regular gas around here.
 

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Discussion Starter #4
1.59 for E85
1.61 for E40
1.65 for E30
1.69 or so for E20 (I forget)

Regular gas is nearing 1.79 here. Higher levels of ethanol are hitting the "It don't Pay" level.
 

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Discussion Starter #5
Tank 1 of E40= 15.4 mpg
Reglar mileage would have been around 17.

E40 costs $1.61
E10 is at $1.74 right now.
 

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I like the sticker on the pump stating that the "E-85" is a minimum of 70% ethanol. Makes you wonder what the remaining 15% could be---hops? candy corn? :biggrin:
 

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IAFarmer,

Looks like your costs are currently competitive at those prices. You may be getting slightly less MPG, but cost wise:

$0.10454545454545454545454545454545 per mile for the E40 @ $1.61 per gallon
$0.10235294117647058823529411764706 per mile for the E10 @ $174.per gallon

for a difference of only $0.0021925133689839572192513368983957 per mile...

or a cost of $52.272727272727272727272727272727 per 500 miles for E40
or a cost of $51.176470588235294117647058823529 per 500 miles for E10

for a difference of approximately :D $1.10 per 500 miles... sure wish that could be a lot more productive or less expensive using the renewable resource...but every little bit helps.
 

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But the good news is that you can drive to the grocery store with fuel made from agricultural products. And your groceries will cost you more as a result! Sounds like a win-win to me.:eekkkk:
 

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Just saw 1.77 this morning in Richmond, VA.
Soon we'll be starving the Oil Countries.
Word has it they can't maintain their lifestyles as oil drops below $50/barrel.
:lol:
 

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Discussion Starter #13
But the good news is that you can drive to the grocery store with fuel made from agricultural products. And your groceries will cost you more as a result! Sounds like a win-win to me.:eekkkk:

Hold on, cracking my knuckles here.......Ready.

note: In the last 6 months, corn prices have gone down from $7.50 per bushel to $3.50 per bushel.

Oil has dropped from over $100 per barrel to less than $50 per barrel.

Yet food prices have INCREASED 18% since summer.

HMMMM....Is it really corn and oil, or a price gouging food industry?
Is it an over regulatory government?

Let me tell you friend, we farmers make very little profit on corn these days. In fact, at $3.50, I am lucky that input prices where lower last fall than they are now. At $3.50 with today's fertilizer and seed costs, I lose money. Can't wait too see how overregulation from a new anti AG government we just elected is going to effect the bottom line.
 

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But the good news is that you can drive to the grocery store with fuel made from agricultural products. And your groceries will cost you more as a result! Sounds like a win-win to me.:eekkkk:
This former Wisconsinite/Cheesehead says: I'd rather give more of my money to the folks who feed us, and less to the overseas oil industry. :thumb:
 

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Great points, IAFarmer & packerduf. Didn't mean to offend - sorry.

All I would ask is that not being excited about ethanol mandates for fuel does not HAVE to mean I'm being un-American or anti-farmer, does it? I'm not. But if it does benefit farmers, then I guess I'm glad there is a good side in it for someone. Hey, if I was a farmer and there was a profit to be had in selling corn for ethanol production I would do it.

Dropping fuel prices should indeed be reflected in food prices. But here's some optimism to think about:

"If you remember when the fuel prices started rising, our grocery prices didn't just automatically jump up. It was a gradual thing," said Fred Groenke, store director of the Grand Island Super Saver. "There's a lot of stuff that's already in the pipeline that's already been bought and sold at a certain price." - Source

It SHOULD start to go down... hopefully we'll start seing that over the next couple of months if fuel prices stay low.
 

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Discussion Starter #16
No offense taken, just love to argue our side.

I doubt food prices will go down. There is a segment of our government that would like to see all food produced come from China and Mexico. Why? Who knows, but e-coli and dead pets should be signs that we don't want that to be the future of our food.
 

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My question is when gas was 4.00 a gal you could buy e-85 for 3.50 and now that gas is 1.79 e-85 is 1.69 I was under the impression that the government subsidized e-85.:help_wsig
 

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I'll admit I don't get it either. Still learning. I do recall when a barrel of oil was around $140 that they were talking about the price of light sweet crude for November delivery. That's the futures market. So the parties that bought those contracts are getting their oil at those prices right now. That has to have an affect on current pricing, and probably will for some time.

That being said, then I actually don't understand why fuel prices are dropping.
 

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I like the sticker on the pump stating that the "E-85" is a minimum of 70% ethanol. Makes you wonder what the remaining 15% could be---hops? candy corn? :biggrin:
Gasoline. During winter months in winter climates, 85% ethanol causes starting problems. They reduce it to 70% ethanol for that reason.
 
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